TOKYO, Apr 22 (Pulse News Wire) – Ikuyo CO.,LTD. (7273.T) announced today that its board of directors has decided to aim for acquiring up to 4,600,000 shares of Kawasaki Seiko Co., Ltd.
(code: 7,256) by end-September 2026. This acquisition targets a holding ratio of approximately 10%. As of now, IKUYO holds 2,176,272 shares of Kawasaki Seiko, representing a holding ratio of about 4.8%. The acquisition plan involves purchasing shares through open-market transactions, off-market negotiations, or via ToSTNeT.
However, the specific methods and counterparties for the acquisitions remain undetermined at this stage. The total number of outstanding shares used for calculating the ratios is based on Kawasaki Seiko's share count as of March 31, 2026, which includes Class A preferred shares totaling 45,339,002. This buyout action qualifies as a public tender offer equivalent under Article 167(1) of the Financial Instruments and Exchange Act and Order No. 31 of the same law.
🟢 Confidence: High AI-translated content.